Aussie economy can rise out the storm: Swan

Author: Jamie Coleman | Category: News

“Australia has very low public debt, low unemployment, a massive pipeline of investment and we expect to bring the budget back to surplus next financial year,” Swan said in an e-mailed statement yesterday. While Australia isn’t immune to what happens in the rest of the world, “the prospects for our region remain much stronger” than for Europe and the U.S., he said.

Details at Bloomberg.com.

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